Future Vision II Acquisition Corp. (NASDAQ:FVNNU – Get Free Report) rose 22.6% during mid-day trading on Wednesday . The company traded as high as $13.27 and last traded at $13.73. Approximately 4,619 shares traded hands during trading, an increase of 148% from the average session volume of 1,859 shares. The stock had previously closed at $11.20.
Future Vision II Acquisition Price Performance
The stock has a 50 day moving average of $11.33 and a 200 day moving average of $11.02.
About Future Vision II Acquisition
Future Vision II Acquisition Corp is a Delaware-incorporated special purpose acquisition company (SPAC) formed to raise capital through an initial public offering and pursue mergers, capital stock exchanges, asset acquisitions or other business combinations. The company’s units trade on the Nasdaq under the ticker FVNNU, with each unit consisting of one share of common stock and a fraction of a warrant. Upon completion of its IPO, proceeds from the offering were placed in a trust account, pending approval by shareholders for a proposed business combination.
As a blank check entity, Future Vision II does not conduct any commercial operations of its own.
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